GOLD PRICE IN JAPANESE YEN — JUNE 6, 2012
💱 XAU/JPY · Wednesday, June 6, 2012
On Wednesday, June 6, 2012, the gold spot price was C$1,692.87 per troy ounce in Canadian Dollars, equivalent to ¥176,566.34 JPY per ounce or ¥5,676.74 JPY per gram. Gold rose +0.98% from the previous trading session.
Currency fluctuations between CAD and JPY significantly impact the effective cost of gold for international investors. Japan is the world's third-largest economy and a significant gold consumer, particularly for jewelry and industrial applications. The Bank of Japan's ultra-loose monetary policy has historically supported higher gold prices in Yen terms, making Japan an active gold market for both institutional and retail investors.
PRICE COMPARISON — JUNE 6, 2012
| Currency | Per Ounce | Per Gram | Per Kilogram |
|---|---|---|---|
| 🇨🇦 CAD (base) | C$1,692.87 | C$54.43 | C$54,426.96 |
| JPY | ¥176,566.34 | ¥5,676.74 | ¥5,676,731.46 |
SPOT OHLC (CAD)
| Metric | CAD | JPY |
|---|---|---|
| Open | C$1,679.29 | ¥175,149.95 |
| High | C$1,700.02 | ¥177,312.09 |
| Low | C$1,675.97 | ¥174,803.67 |
| Close | C$1,692.87 | ¥176,566.34 |